LawSites

DECEMBER 14, 2022

A legal industry report released today by the sibling legal technology companies LawPay and MyCase provides unique insights into the technology tools that matter most to smaller law firms in the post-pandemic era. Other types of cloud software used by firms: Calendar management software, 44%. Firms Ready for Remote Work.

Law firm 98

Law firm Electronic payment Document automation Practice management 98

LawSites

MARCH 21, 2023

LeanLaw , a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital. “We look forward to partnering with LeanLaw to help law firms operate smarter and improve their financial performance.”

Law firm 54

Law firm Electronic payment Time-tracking Law 54

Legal Tech Monitor

MARCH 21, 2023

LeanLaw , a company that provides a financial operating system for small and mid-sized law firms, said today it has raised $4 million in a Series A financing round led by FINTOP Capital. We look forward to partnering with LeanLaw to help law firms operate smarter and improve their financial performance.”

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Law firm Electronic payment Time-tracking Law 52

Legal Tech Monitor

NOVEMBER 2, 2023

economy, smaller law firms are showing greater optimism about their futures, as evidenced by the face that they are either maintaining or increasing their 2023 budgets across most key categories, according to a survey report released today. Many of these firms are actually investing more in their practices instead of scaling back.”

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Law firm Electronic payment Law Law 52

LawSites

DECEMBER 6, 2022

In the latest episode of our video series How It Works , we learn about LawPay , the electronic payments solution developed specifically to help law firms streamline billings and collections by providing a simple, secure way for legal clients to pay their bills online.

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Law firm Electronic payment Law Law 52

LawSites

MAY 5, 2021

Not surprisingly, the pandemic drove greater use of electronic payments across all industries, with the volume of electronic payments up 11.2 % in the first quarter of 2021 over the prior year. With e-payments, the time it took firms to collect invoices decreased by 20.4%, and their collections increased by 6.7%

Law firm 58

Law firm Electronic payment Immigration lawyer Bankruptcy 58

Legal Tech Monitor

OCTOBER 30, 2023

Law firms looking to improve collection rates should consider online billing and payment options, according to new data from Clio’s 2023 Legal Trends Report. Based on its data, Clio said the time law firms spend adding small efficiencies is leading to significant long-term gains. as well as a survey of 1,446 U.S.

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MatterSuite

AUGUST 6, 2023

Are you a busy lawyer struggling to balance the demands of legal practice with the complexities of managing your law firm’s finances? Leaving little time to focus on the critical aspect of running a successful law firm — financial management. If so, you’re not alone.

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Law firm Lawyer Time-tracking Law 52

Legal Tech Monitor

OCTOBER 24, 2023

The law practice management platform Filevine has added the build-in ability for law firms to accept electronic payments from clients, capping off its suite of time and billing capabilities in a new feature set it calls Time Tracking, Billing, and Payments.

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Practice management Electronic payment Time-tracking Law firm 52

LawSites

NOVEMBER 1, 2022

Way back in 2020, I wrote about how the pandemic had escalated the importance of electronic payments as a feature of law practice management software. Actionstep, which says it is used by more than 775 law firms in the U.S., is presenting a webinar on the new feature on Nov.

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Practice management Electronic payment Law firm Software 52

Attorney at Work

JANUARY 20, 2022

Law firms of all sizes are feeling pressure to meet client demand for both tailored services and greater efficiencies in this rapidly changing industry. Must law firms keep pace with their clients’ technology efforts? Increasing law practice specialization. According to Gartner Inc., Trends to Watch in 2022.

Legal tech 141

Legal tech Legal tech Document automation Law firm 141

Clio

MAY 30, 2023

With this in mind, you may be wondering if offering payment options like ACH payments could benefit your business, and your clients. As a secure electronic payment method, the ability to accept ACH payments quickly and easily allows you to give your clients a seamless payment experience while helping your law firm get paid faster.

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Electronic payment Law firm Law Law 52

LawSites

SEPTEMBER 28, 2021

Now, the electronic payments company LawPay is bringing buy now, pay later financing to the legal industry. It will soon begin rolling out a new payment-financing option for legal clients, ClientCredit , which allows clients to pay for legal services over time while the law firm receives 100% of the invoiced amount upfront.

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Electronic payment Law firm Attorney Lawyer 120

LawSites

APRIL 18, 2023

In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms , a report published today by law practice management company Clio. One clear takeaway is that there are both good and bad aspects to solo practice.

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Electronic payment Practice management Lawyer Law firm 129

Clio

MAY 25, 2023

Not surprisingly, scores of companies are already using this form of payment: in 2022, the ACH Network processed a whopping 30 billion eCheck payments. Saving time With eChecks and other electronic payments, business owners save a great deal of time. By comparison, it costs businesses a medium of $1.01 of a transaction.

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Electronic payment Law firm Law Office Law 52

LawSites

MARCH 1, 2022

Lawmatics , a company whose product provides client relationship management (CRM), client intake and marketing automation for attorneys, is now adding timekeeping and billing tools, with the goal of offering law firms a comprehensive platform with everything they need to manage their administrative sides.

Client Intake 98

Client Intake Electronic payment Time-tracking Practice management 98

Clio

MAY 8, 2024

. – Jodi Donato, Donato Law In the fast-paced environment of law, staying on top of billing best practices isn’t just beneficial; it’s essential for building trust with your clients, improving your realization rate and cash flow, and growing your practice.

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Time-tracking Electronic payment Law firm Court 52

Rocket Matter

FEBRUARY 24, 2023

Poor cash flow is a problem that no law firm wants to have. For a law firm, client portals make it more likely that clients will pay their bills on time. Law firms who accept online payments typically get paid faster, and those payments are easier to track for all parties.

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Time-tracking Law Law Law firm 98

LawSites

OCTOBER 10, 2022

Once launched, the sites connect to other tools within Clio to enable online appointment scheduling, client intake, electronic payments and Google Analytics. Newton told me that the sites are intended for individual lawyers only, not as a full law firm site. Enhancements to Payments and Billing. Effective Oct.

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Electronic payment Client Intake Document automation Time-tracking 52

LawSites

FEBRUARY 27, 2023

First up is the online payments company LawPay , which today is announcing a new product tier, LawPay Pro, that enhances the standard LawPay electronic payments platform with the addition of legal billing features.

Practice management 52

Practice management Electronic payment Time-tracking Compliance 52

LawSites

NOVEMBER 14, 2022

What with COVID, the economy and the day-to-challenges of practicing law and managing a firm, it’s been a tough three years. Yet despite it all, smaller law firms have a bullish outlook on their future prospects — and with good reason. This Week In Legal Tech: Exclusive Results Of A New Small-Firm Survey.

Lawyer 98

Lawyer Electronic payment Law firm Software 98

LawSites

AUGUST 31, 2022

It has been a notable year for the practice management company MyCase , one in which it made four notable acquisitions of other practice management products, and then itself was acquired by AffiniPay , the parent company of the electronic payments platform LawPay.

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Document automation Electronic payment Practice management Software 52

LawSites

OCTOBER 13, 2021

Paradigm says it has seen substantial growth in recent years as law firms have moved to cloud-based products, and that it currently serves 11,000 law firms. LawNext: How One Company Aims to Change the Paradigm for Law Practice Management (May 24, 2021). PracticePanther Now Has Native E-Signatures (June 3, 2021).

Practice management 105

Practice management Workers Compensation Electronic payment Software 105

LawSites

MAY 11, 2021

The pandemic has made it more essential than ever before for law firms to accept electronic payments. Clients who now pay everything else online have no appetite for lawyers who require paper payments. Plus, law firms that accept e-payments get paid faster and increase their collections, studies suggest.

Electronic payment 107

Electronic payment Practice management Law firm Lawyer 107

CaseFox

AUGUST 2, 2023

Is your law firm still accepting payments from clients through traditional methods? Are you looking for different lawyer payment methods? These days, clients are looking for convenience, security, and flexibility while making payments for legal services. Are Law Firms Allowed To Accept Online Payments?

Lawyer 52

Lawyer Law firm Compliance Electronic payment 52

LawSites

JULY 13, 2022

LollyLaw , a cloud-based practice management platform designed for immigration lawyers, is today launching a native electronic payments platform, LollyPayments. The new e-payments capability enables LollyLaw customers to collect and reconcile payments without having to switch between LollyLaw and third-party vendors.

Immigration lawyer 52

Immigration lawyer Electronic payment Time-tracking Practice management 52

Clio

OCTOBER 24, 2023

Law firms that fail to integrate this technology risk falling behind in a competitive market. They may face challenges such as slower payment processing times, increased administrative work, and potential loss of clients to more tech-savvy competitors. What is a digital wallet?

Lawyer 52

Lawyer Law firm Electronic payment Software 52

Legal Tech Monitor

APRIL 18, 2023

In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends for Solo Law Firms , a report published today by law practice management company Clio. One clear takeaway is that there are both good and bad aspects to solo practice.

Electronic payment 52

Electronic payment Practice management Lawyer Law firm 52

LawSites

OCTOBER 7, 2022

As we continue to emerge from the pandemic, I asked Newton how he sizes up the legal profession today and what he sees as the impact of the pandemic on the practice of law. Many law firms emerged from the pandemic better and stronger than before, he said. Legal Trends Report. Remaining Client Centered.

Legal tech 52

Legal tech Legal tech Electronic payment e-records 52

LawNext podcast

SEPTEMBER 22, 2020

In this exclusive LawNext interview recorded in advance of the announcement of ASG LegalTech’s acquisition of electronic payments company Headnote, host Bob Ambrogi speaks with the two companies’ CEOs: Soumya Nettimi of ASG LegalTech and Sarah Schaaf of Headnote, on the reasons for the deal and the significance for customers.

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Electronic payment e-records Practice management Law firm 40

Clio

OCTOBER 10, 2023

As the legal industry’s most in-depth examination into the state of legal practice, the 2023 Legal Trends Report brings together critical insights on the biggest challenges facing modern law firms. Today, the average lawyer has a heavier caseload and earns more for their firm than in previous years. Total lockup.

Law firm 52

Law firm Time-tracking Electronic payment Lawyer 52

Attorney at Work

NOVEMBER 2, 2021

Abacus Payment Exchange (APX) is a proprietary tool that has been built from the ground up and engineered exclusively for law firms. If queried, most law firms would point to March of 2020 as the point in time that everything changed. Balance Forward: Introducing Abacus Payment Exchange (APX).

Law firm 101

Law firm Electronic payment Law Law 101

Clio

AUGUST 9, 2023

As the legal industry’s most in-depth examination into the state of legal practice, the Legal Trends Report brings together critical insights about law firm performance. This report helps mid-sized firms navigate modern challenges, distinguish themselves from smaller firms, and unlock new opportunities.

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Law firm Law Law e-records 52

Clio

AUGUST 9, 2023

As the legal industry’s most in-depth examination into the state of legal practice, the Legal Trends Report brings together critical insights about law firm performance. This report helps mid-sized firms navigate modern challenges, distinguish themselves from smaller firms, and unlock new opportunities.

Law firm 52

Law firm Law Law e-records 52

LawSites

MARCH 8, 2023

. – Dan Lear and Bob Ambrogi, series editors Dan Lear, Head of Marketing and Partnerships at Gravity Legal Dan Lear is head of marketing and partnerships at Gravity Legal, an electronic payments and money management firm built specifically for lawyers and law firms.

Law 54

Law Law Electronic payment Lawyer 54

Legal Tech Monitor

MARCH 8, 2023

. – Dan Lear and Bob Ambrogi, series editors Dan Lear, Head of Marketing and Partnerships at Gravity Legal Dan Lear is head of marketing and partnerships at Gravity Legal, an electronic payments and money management firm built specifically for lawyers and law firms.

Law 52

Law Law Electronic payment Lawyer 52

Clio

JUNE 14, 2023

According to the comments on this rule, this means that funds belonging to clients and third parties must be kept in trust accounts, and law firms must maintain books and records on those accounts. A law firm must keep separate the funds in a separate operating account for the firm from the trust account funds.

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